UK parliament suspension not a matter for judges, PM Johnson's lawyer tells Supreme Court    Fire in Liberia school kills at least 27 children    BREAKING: Saudi says Iranian sponsorship of attack undeniable, displays arms    Neuer considering Germany retirement after Euro 2020    Spain braces for its fourth election in four years    Danone Nations, DECATHLON launch series of initiatives, creating change    Fed expected to cut rates again, second time in a decade    Live score: Paris Saint-Germain v Real Madrid (UEFA Champions League)    Russia, China conduct massive military drills, sending a message to the West    Huawei will invest $1.5 billion in its developer program    I deserve more Ballon d'Or awards than Messi, says Ronaldo    World at risk of pandemics that could kill millions    Mint, menthol e-cigarette liquids high in cancer-causing compound    Perils of gender and geography hamper global development    Saudi markets rise as oil supply disruption eases    Gold climbs as investors await Fed policy decision    Saudi Arabia says full production restored within the month    'Egypt will not allow any country to impose its will on another in Ethiopian dam issue,' FM says    Egypt's new listing amendments mandate more women on boards    Egypt, Ethiopia at odds as talks over Blue Nile dam resume    5 plant-based soup recipes to warm your body and soul    Egypt's Ahly to train for Super Cup game against Zamalek immediately    US waiting and watching on oil reserve, market well supplied: Perry    FTSE 100 steadies after Saudi attacks; Sirius Minerals plummets    Egypt says GERD talks with Ethiopia 'stumbled', next round in Khartoum in October    Tutankhamun Opera to debut with inauguration of Grand Egyptian Museum: Zahi Hawass    Egyptian transport start-up Swvl plans IPO in 5-10 years    Egypt court sentence 6 to death for joining terrorist group, manufacturing explosives; 8 acquitted    'Al-Daheeh' host Ahmed El-Ghandour shortlisted for IBC's first 'Young Pioneer' award    Egypt's Zamalek suffer surprise 2-1 defeat at Senegal's Generation Foot    Egypt's Sisi discusses education, terrorism at national youth conference    Sisi to open 8th edition of the National Youth Conference Saturday    Spotify buys music production marketplace SoundBetter    Egypt's PM discusses details of Al-Hussein Mosque renovation    Egypt's Baron Empain Palace to be reopen after renovation    Court sentences six to death, 41 to lifetime imprisonment violence related case    Trump says he would release Mideast peace plan after Israeli elections    NBE announces EGP 2.5m prizes for handball youth teams for their world achievements    ACWA Power compares 3 bids to supply production units for Luxor power station    What do you know about gold alloying?    Jennifer Lopez evokes Egyptian outrage post her North Coast performance    Cairo's historic Tahrir square to be renovated – PM    Al-Sisi honours Egypt's scholars on Science Day    IS claims responsibility for suicide bombing killing 63 in Afghan wedding    Political parties gear up for parliamentary, senate, local elections    Unprecedented Glory: Egypt win Men's U-19 World Handball Championship    12th National Egyptian Theatre Festival fuel up public theatre art scene    Ministry of Environment has a plan for "black clouds season"    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

Emaar Misr rejects lawsuit claiming land at Marassi development
Published in Ahram Online on 20 - 08 - 2019

Developer Emaar Misr on Tuesday rejected as baseless a claim to part of the land where it is building the sprawling Marassi residential and leisure development on Egypt's North Coast.
Egyptian businessman Wahid Raafat has filed a lawsuit against Emaar Misr claiming more than 400 feddans (about 415 acres) of the 1,500-feddan site, his lawyer Khalid Abubakr told Reuters.
“We have been pursuing what we are owed for more than 35 years,” Abubakr said.
“What caused us to make this claim to our rights is the release of a contract from the real estate registration authorities dated July 28 that makes clear the ownership of Dr. Wahid Raafat.”
An Egyptian court will hear the case on September 2, Abubakr said.
Emaar Misr, a unit of Dubai's Emaar Properties, said that real estate registration authorities had registered the land in its name after looking into claims on it.
Emaar Misr said it would address Raafat's lawsuit using legal channels.
Emaar's Egyptian portfolio is worth about 53 billion Egyptian pounds ($3.20 billion) and Marassi is one of Emaar Misr's largest projects.

Clic here to read the story from its source.